HOG 0.00% 0.3¢ hawkley oil and gas limited

somebody knows something ..., page-19

  1. 539 Posts.
    CCBTrader, a few points:

    1. I can barely understand your grammar.
    2. How do you come up with the magic 10c?
    3. Arguably the news hasn't been poor. If you take it at face value the news has been good (second well has production flows).
    4. Arguably the announcements haven't been strange, just low on information.
    5. People trying to get out? For every seller there is a buyer. So by your logic this is plenty of people trying to get in.
    6. 2 dusters? When were these?
    7. Cash burn last quarter was $500K. Cash reserves are $7.5 million. This includes funds spent to bring the second well online.

    Sure, this may go south, but posts that are mostly subjective with very few facts do holders no favors.

    While HOG could be vastly different, these posts and speculation remind of DML when it recently dipped to 90c, and SEA, when it recently dipped below 40c.
 
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